CFA® Study Planner

Most of the CFA® pursuers believe that CFA® Program tests are very difficult and arduous but that is not the case unless you make them difficult for yourself. CFA® level I syllabus is directed towards covering wide range of topics related to finance rather than going deep into specific topics. While CFA® aspirants can expect CFA® Level I exams in December, studying alone won’t help you to clear this exam. Planning your study schedule will prepare you to cope up with the extensive study syllabus.

CFA® level I planner

What if someone could help you with how many study hours are required every week from start of study day till the date of your exam, which topics you need to focus on as per your preparations and how much time you need to give to individual topics? Won’t that make your work easy? Well, we have made two CFA® Study planners for all the students who are preparing to appear for CFA® level I and CFA® level II.

This course planner will generate your preparation hours required for each section of CFA® Program. To download the planner, please right click on the the link and save the excel.

CFA® Level I Study Plan

CFA® Level II Study Plan

Instructions on how to use the Planner

  • Download the file
  • Fill in your details
  • The Planner worksheet will show you a suggested study schedule

We are sure that this will surely help you to plan out your studies in a better way. If you have any other doubts or require any other guidance, mention in the comments box below and we shall get back to you at the earliest.

Chartered Financial Analyst® designation – Roles, Responsibilities & Skills

Is CFA® Program a right career move for me?? This is a question that haunts thousands of people every year and why it wouldn’t, after all a lot money and effort is required to become a CFA® Program. So before making a career move towards CFA® Program make sure you know what you are getting yourself into. Below is all the information that will help you to decide if you are a right candidate for CFA® Program.

Job Roles that a CFA® charterholders can expect:

cfa job roles

  • Portfolio Manager
  • Risk Manager
  • Chief Executive
  • Research Analyst
  • Financial Advisor
  • Consultant
  • Accountant/Auditor
  • Investment Banking Analyst
  • Corporate Financial Analyst

Read in detail about CFA® Job Roles

Responsibilities of a Chartered Financial Analyst® designation

  • The job responsibilities of a CFA® Program may vary according to the job role but there are some duties or responsibilities that you should be ready to take if you are planning a career in CFA® Program.
  • One of the major duties of a CFA® charterholders is to make sound decisions about companies, stocks and industries for the purpose of making money for the corporation or individual.
  • Track the performance of stocks and collect the data in a spreadsheet so that it can be interpreted by a clients and stockbrokers.
  • Research and track the financial position of a specific company or industry.
  • Evaluate current and historical data that helps in decision making.
  • Recommend individual investments options and collective investment options, which are mainly known as portfolios.
  • Study a company’s financial statements to determine its value.
  • Study economic and business trends.
  • Prepare written reports.
  • Meet the company officials to gain better insight into the company’s prospects and management.
  • Meet the investors to explain recommendations.

Skills Required to become a Chartered Financial Analyst® designation

skills for CFA® Program

Excel Modeling Skills

As a CFA® chartrholders, you’ll be working on a lot of Excel sheet and also the models so it is very important that you the Excel Modeling skills, if you don’t then you can always learn by joining any short term course.

Analytical Skills

Analytical skill is the ability to visualize, articulate, conceptualize or solve both complex and uncomplicated problems by making decisions that are sensible given the available information. Make sure you develop your analytical skills while completing your CFA® Program.

Computer Skills

Apart from knowing Excel, make sure that you can work on computer with ease. It is quite possible that you may have to learn new software to create portfolios, analyze financial data, see trends, and make forecasts.

Communication Skills

As a CFA® charterholders, you’ll be communicating with clients, investors, stock brokers and many others. You shall be taking some important decisions which are to be communicated to the concerned people so good communication skills are a must.

Decision Making Skills

If you must’ve read the responsibilities of CFA® Program mentioned above carefully then you will find that decision making is an important part of CFA® Program job profile so make wise decisions and help your organization to grow.

Math Skills

Chartered Financial Analyst® designation use mathematical skills when estimating the value of financial securities. But as you start with the CFA training, these skills will develop on their own.

So now if you think that you have most of the above mentioned skills (if not all) and are ready to take the responsibilities then go for CFA as it will give you opportunities like no other certification. For pursuing CFA® Program and clearing it successfully you require training so enroll yourself into the CFA® Training Program by EduPristine and be ready to prefix the words CFA before your name.

If you are still confused between CFA® Program and MBA or CFA® Program and CA then below are guides that will help you take the right decision.

CFA® Program v/s CA

CFA® Program v/s MBA in Finance

Top 10 Companies that hire CFA® charterholders

A lot of hardwork and investment is required to prefix the words CFA® Program before your name and time and again the question that comes to everyone’s mind is “Is the Chartered Financial Analyst® designation worth of all these?” “Does CFA® Program have enough career opportunities?” I’d say yes and I know that you’ll ask how can I be so sure. So to put all your doubts to rest here is the list of Top 10 companies that not only hire CFAs in bulk but take their careers to different heights.

Top 10 companies that hire CFA® Program

JP Morgan Chase

CFA® Charterholders – 1524

JPMorgan Chase is one of the oldest financial institutions in the United States. JP Morgan Chase is a leader in financial services for consumers and small businesses, investment banking, financial transaction processing, commercial banking and asset management. JPMorgan Chase is a great place to work, to grow, and to invest for the future. It has received several awards some of which include America’s Ideal Employer, World’s most admired companies, Best Company for multicultural women, Best Employers for healthy lifestyle, etc

UBS

CFA® Charterholders – 1445

UBS provides superior financial advice and solutions to private, institutional and corporate clients worldwide, as well as retail clients in Switzerland, which generates attractive and sustainable returns for shareholders. Headquartered in Zurich, Switzerland, UBS is present in all major financial centers worldwide. It was named as the Best Global Bank by Euromoney magazine. It has received awards like Best Global Wealth Manager, Best Global Private Bank 2014, Best Global Custodian 2015, Best Bank in Switzerland, etc

Bank of America Merrill Lynch

CFA® Charterholders – 1355

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in equity and debt capital markets, mergers and acquisitions, risk management, lending, trading, research, and payments and liquidity management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009.

RBC

CFA® Charterholders – 1236

RBC is one of the Canada’s largest banks and also one of the largest banks in the world, based on market capitalization. They provide services like wealth management, personal and commercial banking, investor services insurance, and capital markets products and services on a global basis. RBC is named one of Canada’s “Best 50 Corporate Citizens” for 2015. It is recognized as one of the Best workplaces in Canada.

HSBC

CFA® Charterholders – 1069

HSBC Holdings is a British multinational banking and financial services company headquartered in London. It is the world’s fourth largest bank by total assets, with total assets of US$2.67 trillion. It provides services like Commercial Banking, Global Banking & Markets, Private Banking, Retail Banking and Wealth Management. HSBC offers a good range of opportunities to students to start their career in banking and financial sector. HSBC provides jobs to experienced professionals and it also hires interns.

Wells Fargo

CFA® Charterholders – 1051

Wells Fargo & Company is an American multinational financial and banking services holding company which is headquartered in San Francisco, California, with “hubquarters” throughout the country. Wells Fargo’s operations include Community Banking, Wholesale Banking, Wells Fargo Home Mortgage, Wealth, Brokerage & Retirement, Wells Fargo securities etc. They offer training and development programs that helps a student throughout his/her career.

CitiGroup

CFA® Charterholders – 917

Citigroup is an American multinational financial and banking services corporation headquartered in Manhattan, New York City. Citigroup was formed from one of the world’s largest mergers by combining the banking giant Citicorp and financial conglomerate Travelers Group. Its Institutional businesses include Capital Markets Origination, Corporate & Investment Banking, Markets & Securities Services, Private Banking and Treasury & Trade solutions.

Morgan Stanley

CFA® Charterholders – 900

Morgan Stanley is an American multinational financial services corporation headquartered in Midtown Manhattan, New York City. Morgan Stanley operates in 42 countries and has more than 1300 offices and 60,000 employees. They provide services that include Wealth Management, Investment Banking & Capital Markets, Sales & Trading, Research and Investment Management. They have opportunities for students, experienced professionals and financial advisors.

Price Water House Coopers

CFA® Charterholders – 698

PricewaterhouseCoopers also known as PWC is a multinational professional services network. It is one of the largest professional services firms in the world, and is one of the Big Four auditors, along with Deloitte, EY and KPMG. It has been ranked as the most prestigious accounting firm for six consecutive accounting years by Vault Accounting 500. The services provided by them include Advisory, Audit & Assurance, Deals, Consulting, IFRS, Family Business services, Entrepreneurial & Private Clients, Legal services, Taxation etc.

Ernst & Young

CFA® Charterholders – 568

Ernst & Young also known as EY is a multinational professional services firm headquartered in London, United Kingdom. It is one of the “Big Four” audit firms. It is the third largest professional services firm in the world by aggregated revenue in 2014, after Deloitte and PwC. It offers services that include Advisory, Assurance, Tax, Strategic Growth Markets, Transactions and other specialty services. It has 212,000 employees in over 700 offices around 150 countries in the world.

Top CFA recruiters

Source: CFA Institute

Hope this was helpful. CFA has great career prospects for anyone who works hard for it. So work hard and go for it. If you have any other doubts regarding the CFA® course , mention them in the comments box below and we shall try our best to solve them.

CFA® Program from ICFAI (India) Vs CFA® Program from CFAI (US)

You have decided that you are going to pursue CFA®, but now the question that arises is, whether you should pursue CFA® from ICFAI (India) or CFAI (US). Well, to solve your confusion we bring you analysis of both. Go through this and take a wise decision.

CFA® India

Below are some important facts :

A. The Institute of Chartered Financial Analysts of India (ICFAI) was established in 1984 as a non-profit society, with the objective of providing training in finance and management. It offers a certification program for financial analysts known as CFA® Program (originally Certified Financial Analyst, later becoming Chartered Financial Analyst).

B. Now, ICFAI is in NO way affiliated with the CFA Institute nor other awards, such as CA or ICWA and both the institutes have broken their partnerships and running their courses separately.

C. The Indian Trademark registry recognizes ICFAI’s right to use the CFA® Progtam trademark and does not recognise the CFA Institute’s sole right to use the CFA® trademark.

D. Indian CFA® Course Curriculum: This course is designed for the Indian financial system and is therefore offers more localised than the CFA Institute’s (USA) program. ICFAI is a Private Institute and Indian CFAs need not be employed mandatorily by Indian companies. The Indian CFA® Program focuses on Financial Analysis as applicable to Investment Management. The CFA® Program offered by ICFAI has been developed and is consistently reviewed in the context of the present and future needs of the corporate sector, the investment industry and the financial services sector in India.

CFA® US:

CFA® can be done through CFA Institute US and CFA® ICFAI University. However, CFA® US certification will pave your way for a better career, and give you an edge over others. CFA® Program from US will bring more weightage on your resume than CFA® ICFAI.

Below are some key benefits:

  • CFA® Program is recognized in 135 countries across the globe. So if you wish to go abroad, and settle in US, UK, Canada, Australia etc. then you most probably stand a chance of getting a green signal from companies there.

  • Better Compensation than MBAs- According to Russell Reynolds study, a CFA® US charter out earns its peers by over 50% and demands higher salary than MBAs.

  • Affordable Fees- the Fee structure is $3000 that is about 1/5th of fees of any reputed business school, which makes it an affordable qualification.

  • After CFA® Program, you become eligible for senior roles such as portfolio manager, investment banker, financial advisor and many other reputed roles.

History of Trademark Dispute between CFAI and ICFAI :

The CFA® program was first delivered through AIMR in the USA and later in India with the partnership of the then Institute of Certified Financial Analysts.

The ICFA and AIMR came together in 1990 to have a common uniform curriculum and bring all the societies under one umbrella. ICFAI had brought out its academic curriculum to suit Indian finance professionals, though it had global content. ICFAI wanted to function independently and had established working relationships with the European Federation of Financial Analysts (EFFAS) and the ASAF (Asian Securities Analysts Federation) with regard to development of the Profession of Security Analysts and its course content.

ICFAI also wanted to bring its CFA® india as an Indian Statutory Charter. All this led to the dispute with AIMR, the parent body of CFA® india Institute which wanted a uniform curriculum or body of Knowledge through out the world for CFA® program whereas ICFAI wanted changes in CFA® india charter to suit Indian regulations as finance professional used to work in an extremely regulated capital markets. AIMR eventually broke its working relationship with ICFAI and CCFA.

If you have any other doubts, comment below and we shall get back to you at the earliest.